SEC Form 4 · accession 0000899243-16-010765
Tallgrass Energy Partners, LP · TEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tallgrass Equity, LLC
10% Owner
Period of report
May 11, 2015
Accepted (ET)
Jan 5, 2016 · 10:54 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001569134
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common units representing limited partner interestsF1 | May 11, 2015 | J | 26,355,480 | $0.00 | D | 0 | I | See Footnote |
| Common units representing limited partner interestsF2 | May 12, 2015 | P | 20,000,000 | $47.68 | A | 20,000,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In connection with the closing of the initial public offering of Tallgrass Energy GP, LP, Tallgrass Equity, LLC (the "Reporting Person") distributed its 100% membership interest in Tallgrass Energy Holdings, LLC ("Holdings") to each of the owners of the Reporting Person. Holdings is the general partner of Tallgrass Development, LP; Tallgrass Development, LP directly owns 100% of the outstanding securities of Tallgrass Operations, LLC; Tallgrass Operations, LLC directly owned (prior to the second transaction reported herein) 26,355,480 common units representing limited partner interests ("Common Units") of Tallgrass Energy Partners, LP (the "Issuer"). As a result of the reported transaction, the Reporting Person no longer indirectly beneficially owns any Common Units of the Issuer through Holdings.
- F2Also in connection with the closing of the initial public offering of Tallgrass Energy GP, LP, the Reporting Person directly acquired 20,000,000 Common Units of the Issuer from Tallgrass Operations, LLC.